Yum! Brands completes Pizza Hut sale
The company sold the global Pizza Hut business excluding China to LongRange Capital for approximately $1.5 billion, marking a key milestone in its strategic evolution.
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Global restaurant franchisor and operator
yum.comLast updated
In short: Yum! completed Pizza Hut sale, reported Q2 growth, and advanced Taco Bell and KFC revamps.
The company sold the global Pizza Hut business excluding China to LongRange Capital for approximately $1.5 billion, marking a key milestone in its strategic evolution.
The $1.2 billion deal is one half of a $2.7 billion total for Pizza Hut. A separate sale to LongRange Capital for regions outside Mainland China is pending.
The company targets 5% global unit growth, 7% system sales growth, and at least 8% core operating profit growth.
Taco Bell achieved 7% same-store sales, KFC opened 660 new units, and digital sales approached $9 billion.
In 2026, Yum! Brands sells Pizza Hut for $2.7 billion dollars. What does the crash of this pizza chain mean for the international company?
The company plans to issue bonds backed by franchising fees to finance its $1.5 billion acquisition by LongRange Capital.
LongRange Capital acquires the global Pizza Hut restaurant chain from Yum! Brands in a deal valued at undisclosed terms while excluding Mainland China operations.
Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum...
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